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Jul 23, 2011
07/11
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>> no, no, if, if you eliminate deductions or credit so that the government raises more money. that's a tax increase from present law, what boehner and other republicans are open to are actual tax reform. separate from this debate, but cutting-- as long as it's revenue neutral. if it raises taxes it's a tax increase. this is not algebra or difficult science. this is straight math. if it raises taxes, it's a tax increase, eliminating deductions, tax increase. tax reform when you get rid of reductions and credit and cut rates so that you have a better tax system, but not raising more money. >> grover, thank you very much. >> you've got it. >> love those cliffs. over the cliff and congressman from minnesota. congressman, i guess, you're the latest to push us over the cliff. what did you think of that ad? >> good morning, neil. it's a diversery tactic, what they're trying to do skew off what's important and that's what's going on with regard to our debt and spending and i just take it as it comes. it's kind of ironic though when they talk about corporate tax. the actual corporate j
>> no, no, if, if you eliminate deductions or credit so that the government raises more money. that's a tax increase from present law, what boehner and other republicans are open to are actual tax reform. separate from this debate, but cutting-- as long as it's revenue neutral. if it raises taxes it's a tax increase. this is not algebra or difficult science. this is straight math. if it raises taxes, it's a tax increase, eliminating deductions, tax increase. tax reform when you get rid of...
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Oct 6, 2013
10/13
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gridlock grips the government as the u.s. government dances with default. can they find a way out? >> plus, lessons from the obama care rollout. what to make of this week's glitches and what to watch for in the days ahead. >> and a just-released u.n. report called climate change unequivocal but it can't explain the hiatus in global warming in the last 15 years. >>> welcome to the journal editorial report. gridlock continued to grip capitol hill this week as the two sides failed to reach a budget accord, faorcing a partil government shutdown. it's a partisan standoff president obama insists he has nothing to do with. >> during the course of my presidency, i have bent over backwards to work with the republican party. and have purposely kept my rhetoric down. i think i'm pretty well known for being a calm guy. sometimes people think i'm too calm. >> joining the panel this week, wall street journal columnist dan han agr. kim siskel, and james freeman. dan, you're a calm guy. you can comment on another calm guy, the president of the united states. he says he won't negotiate with the rep
gridlock grips the government as the u.s. government dances with default. can they find a way out? >> plus, lessons from the obama care rollout. what to make of this week's glitches and what to watch for in the days ahead. >> and a just-released u.n. report called climate change unequivocal but it can't explain the hiatus in global warming in the last 15 years. >>> welcome to the journal editorial report. gridlock continued to grip capitol hill this week as the two sides...
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Oct 8, 2013
10/13
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will not negotiate on a bill to fund the government. the white house said that the president is willing to yoe negotiate with the republicans if the threat of default is lifted. good to see you brett, so it is still a stalemate. i find it interesting that these press released came out almost instant ta instantaneously. expect the president to come out and make some sort of statement. we don't know how long that will be. and then he is expected to take some questions. you are right. the sides are pretty much digging in. and the question really is, will there be some get negotiation and what is it that they hope to accomplish with that? >> it seems that the republican gained leverage with this shutdown because the debt ceiling loomed on october 17th. and the president said today i'm not going to negotiate with you unless you end this shutdown first. >> it is a bit of a see man tick here. that is the sound byte that gets picked up all over the country. it comes from senator read and senator obama. the house speaker has turned that around a
will not negotiate on a bill to fund the government. the white house said that the president is willing to yoe negotiate with the republicans if the threat of default is lifted. good to see you brett, so it is still a stalemate. i find it interesting that these press released came out almost instant ta instantaneously. expect the president to come out and make some sort of statement. we don't know how long that will be. and then he is expected to take some questions. you are right. the sides...
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Oct 1, 2013
10/13
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clear how long a government shut down will last. the reality is that many republicans saw this as a last chance to stop obama care. bret? >> mark we'll head back for breaking news. thanks mike. life goes on in places like seattle on the west coast as you look live at seattle. lights are on. philadelphia just you're on the east. they're still up. some are. during next hour we'll look at where we are and how we got here, james rosen with breaking news from president obama. >> president ob yaum released a videotaped message to american armed forces around the world as well as estimated 400,000 civilian defense department workers who will likely be furloughed. >> you and your families deserve better than the dysfunction we're seeing in congress. your talents and dedication help keep our military in the best in the world. wile aisle keep working to get congress to reopen the government skb get you back to work as soon as possible. >> the commander in chief called it unfortunate congress has not, as he put it fulfilled his responsibility.
clear how long a government shut down will last. the reality is that many republicans saw this as a last chance to stop obama care. bret? >> mark we'll head back for breaking news. thanks mike. life goes on in places like seattle on the west coast as you look live at seattle. lights are on. philadelphia just you're on the east. they're still up. some are. during next hour we'll look at where we are and how we got here, james rosen with breaking news from president obama. >>...
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Nov 5, 2014
11/14
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so i look forward to republicans putting forward their governing agenda. i will offer my ideas on areas where i think we can move together to respond to people's economic needs. so just take one example, we all agree on the need to create more jobs that pay well. traditionally, both parties have been for creating jobs, rebuilding our infrastructure, our roads, bridges, ports, waterways. i think we can hone in on a way to pay for it through tax reform that closes loopholes and makes it more attractive for companies to create jobs here in the united states. we can work together to grow our exports and open new markets for our manufacturers to sell more american made goods to the rest of the world. that's something i'll be focused on when i travel to asia next week. we all share the same aspirations for our young people and i was encouraged that this year, republicans agreed to investments that expanded early childhood education. i think we've got a chance to do more on that front. we've got some common ideas to help more young people afford college and gradu
so i look forward to republicans putting forward their governing agenda. i will offer my ideas on areas where i think we can move together to respond to people's economic needs. so just take one example, we all agree on the need to create more jobs that pay well. traditionally, both parties have been for creating jobs, rebuilding our infrastructure, our roads, bridges, ports, waterways. i think we can hone in on a way to pay for it through tax reform that closes loopholes and makes it more...
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Oct 5, 2013
10/13
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the government may catch up with you later. having made those concessions, why didn't the president then just delay the whole thing for another year? so we could avoid some of these problems and the dangers that dan talked about? >> because he couldn't or at least he felt he couldn't politically. if you -- what he conceded in the end and what he exempted in the end was what he felt was the outer limits of what he felt he could get away with. >> why couldn't he do that politically, kim, why couldn't he just delay it? >> because if you acknowledge it's not ready now, the reality is the public opinion on obama care has no way improved. it just continues to get worse. democrats are increasingly worried about this law and what kind of liability it is for them in an election. by the way, a lot of the democrats who voted for this law in the first place, they're not even here. you have a new generation of democrats who don't necessarily have the same loyalty to this law as the older generation. the fear for the president is that his ow
the government may catch up with you later. having made those concessions, why didn't the president then just delay the whole thing for another year? so we could avoid some of these problems and the dangers that dan talked about? >> because he couldn't or at least he felt he couldn't politically. if you -- what he conceded in the end and what he exempted in the end was what he felt was the outer limits of what he felt he could get away with. >> why couldn't he do that politically,...
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Jul 23, 2011
07/11
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the government days away from running out of money and a country's top-notch credit rating maybe, inbound ma running out of time and the president of the united states scrambling to cobble together something, anything with the very speaker of the house that walked out on him yesterday. preparing to leave for this oval office meeting to ward off what could be a huge selloff on the markets on monday. because suddenly a deal that many took as a given isn't. there is so much going on. and if you think it's hot outside now, well, get ready, it's about to get positively volcanic and for the next two hours, we're all over it with presidential candidate ron paul who says, get this, a default would be the best thing that could happen to us. his republican rival, herman cain who faults the president for creating this. art laffer, one way to fix this mess and one of gang of six senators you've heard about, a way out to settle this mess. first the very latest this saturday morning. treasury secretary tim geithner still working on contingency plans, in case, just in case no debt deal is reached and th
the government days away from running out of money and a country's top-notch credit rating maybe, inbound ma running out of time and the president of the united states scrambling to cobble together something, anything with the very speaker of the house that walked out on him yesterday. preparing to leave for this oval office meeting to ward off what could be a huge selloff on the markets on monday. because suddenly a deal that many took as a given isn't. there is so much going on. and if you...
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Oct 17, 2013
10/13
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with the government shut down over for now. the winners are president obama, the tea party, senator ted cruz and winners in the sen tat. the losers house speaker john boehner and the gop in the elections. joining us host of power play joins me now. good to see you chris. who are the winners and losers? >> there are no winners. you can't win a civil war. you could say that the president survived longer because he kept true to his vow not to genegot e negotiate. but the big loser here is the american people. who are so poorly served by their lawmakers and their government who could not look past their own political divisions and do their jobs. >> so when you say the american lost, do you mean the federal workers who didn't get paid and couldn't go to work during this time and the future generation who will be seattled with our debt? >> remember, if those who have had the foresight, we have been in difficulty for more than 30 months. if you didn't lay money aside. i suspect what this ended up being was a two week paid vacation. th
with the government shut down over for now. the winners are president obama, the tea party, senator ted cruz and winners in the sen tat. the losers house speaker john boehner and the gop in the elections. joining us host of power play joins me now. good to see you chris. who are the winners and losers? >> there are no winners. you can't win a civil war. you could say that the president survived longer because he kept true to his vow not to genegot e negotiate. but the big loser here is...
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Jul 23, 2011
07/11
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you might have to default on the agencies of government. but you could pay your social security and you could pay the necessary things that have to be done, but there is a lot of burrcrats that are not all that necessary . so there is a lot of -- you can could do. facing up to the facts that you have to deal with it and end up spending money and august 2nd is a fictitious day. they are billions over the debt already. and so, i think that august 2nd debt is more related to the individuals who have trips planned in august and want to clean up the mess . for that reason, if they don't come up with a agreement. they will have a temporary agreement that the president doesn' want . when push come to shove. agreements and agreements and agreements . so that will happen because they scared enough people. >> absolutely. >> and you return to a continuing resolution . you know what, interest to point out manage i long suspected that the dema goging the issue of the debt limit and horrendous things that happened and never mind the fact that dozens of t
you might have to default on the agencies of government. but you could pay your social security and you could pay the necessary things that have to be done, but there is a lot of burrcrats that are not all that necessary . so there is a lot of -- you can could do. facing up to the facts that you have to deal with it and end up spending money and august 2nd is a fictitious day. they are billions over the debt already. and so, i think that august 2nd debt is more related to the individuals who...
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May 11, 2014
05/14
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our entire system of government is built on transparency and accountability. without that we're giving power to the administration and taking power away from the american people. the truth is important for this case so that we do not ever get into a situation like this again. there are a lot of lessons to be learned here. >> all the committees who have worked on the investigation are going to be required to turn over all of their documents. it will be up to the select committee to review all of these documents and to make decisions on how to proceed. >> what's the time line in terms of when the american people can find out? >> it's not going to cost my more money. it will take a couple of weeks. it has to be space provided. they're going to have to hire staff. it will take a little while. >> let me ask you about other facts. >>> the ball was in her court. >> you can issue an arrest for her. >> there is a provision in the constitution that has never been used. i'm not quite sure that we want to get on that path. >> so you're not looking to do that? >> no. it's
our entire system of government is built on transparency and accountability. without that we're giving power to the administration and taking power away from the american people. the truth is important for this case so that we do not ever get into a situation like this again. there are a lot of lessons to be learned here. >> all the committees who have worked on the investigation are going to be required to turn over all of their documents. it will be up to the select committee to review...
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Dec 9, 2012
12/12
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critics say it would dismental spain's healthcare system but the government says cuts are necessary to secure health services during the recession. >>> the countdown continues. at this point there's just over three weeks until our nation potentially tumbles over what we call the fiscal cliff. john boehner says there's been no real progress in the negotiations between the white house and lawmakers on capitol hill. now he's accusing president obama of dragging his feet as the deadline looms. is more of the same in store for the week ahead? joining us, managing edit for of the hill. >> good morning. >> we talk about this happening and going over the cliff. speaker boehner accuses the white house of dragging its feet. >> president obama offered a proposal, republicans didn't like that plan. now the g.o.p. has countered. so the ball is in the white house's court and that's what republicans are basically waiting for. but i don't see -- i don't think you'll see real progress over the next week. we are about two weeks away from christmas. three weeks until we hit the deadline and they're nowhe
critics say it would dismental spain's healthcare system but the government says cuts are necessary to secure health services during the recession. >>> the countdown continues. at this point there's just over three weeks until our nation potentially tumbles over what we call the fiscal cliff. john boehner says there's been no real progress in the negotiations between the white house and lawmakers on capitol hill. now he's accusing president obama of dragging his feet as the deadline...
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Oct 3, 2013
10/13
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the government shutdown is raising the government's borrowing authority will require negotiations. >> it's time for the president and senate democrats to put partisan ship aside and shift down at a table so we can work out differences. >> house democratic leader nancy pelosi is worried the shutdown and debt limit could lead to a standoff. >> they're stalling for time so they can jam this up against the debt ceiling. i hope they prove me wrong. >> the house passed individual spending bills and sound concerned this could become a huge bargaining session. >> the president is not going to negotiate. we aren't eating. >> 13 percent on the poll approve of the job the president is doing. that's slightly different that 83% disapproval two years ago. ron paul asked members of congress to rally on the capitol steps, six republicans and one democrat showed up. with much of his staff furloughed, west virginia democrat senator joe mansion is answering his phone and speaking directly to his constituents. he hopes congress reaches an agreement soon. >> raising the debt doesn't fix the debt. i've bee
the government shutdown is raising the government's borrowing authority will require negotiations. >> it's time for the president and senate democrats to put partisan ship aside and shift down at a table so we can work out differences. >> house democratic leader nancy pelosi is worried the shutdown and debt limit could lead to a standoff. >> they're stalling for time so they can jam this up against the debt ceiling. i hope they prove me wrong. >> the house passed...
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Oct 15, 2013
10/13
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government is not good at managing these sort of things. these are the sorts of things that private organizations do. no one has taken on the task to have multiple programs all interacting with one another and interfacing across the country and having data hubs and having it fed to hhs and the irs and we find out from mr. mcafee that this is ready for fraud and identity theft. this is the ship leaving the dock and the titanic looking for an iceberg. and we had john mcafee on the show and that is exactly what he said. >> senate chaplain getting into the shut down scuffle. so is the chaplain crossing the line with religion in politics. we are going to ask our panel. look at father jonathan going at it. ♪ bring it on home to me yeah if you think a prune is a prune, you haven't tried sunsweet, the amazing prune. enjoy plum amazins, diced prunes. i'd put these on a salad. these would be perfect for cookies. delicious and nutritious sunsweet, the amazing prune. >>> fox news alert now new developments right now in the case of aaron hernandez. >>
government is not good at managing these sort of things. these are the sorts of things that private organizations do. no one has taken on the task to have multiple programs all interacting with one another and interfacing across the country and having data hubs and having it fed to hhs and the irs and we find out from mr. mcafee that this is ready for fraud and identity theft. this is the ship leaving the dock and the titanic looking for an iceberg. and we had john mcafee on the show and that...
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Oct 10, 2013
10/13
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it it is a negotiation while the government is shut down. and takes care of the debt limit. >> we are bumping up in six weeks and only temporary if it is a deal. >> that's right. the president indicated that is not a problem. in the news conference, he said if we get a clean bill that would extend the debt limit. at that point he was talking about the debt limit and continuing resolution to fund the government that he would negotiate. the problem is will he accept a half loaf and extend the debt limit and not the continuing resolution to fund the government. >> we'll see what happens. >> and we heard from the republican leaders an hour ago this was speaker john boehner, they were telling us what they came to now. >> the ability to move temporary increase in the debt ceiling and in an agreement to go to conference on the budget. for his willingness to sit down and discuss with us a way open to reopen the government and start the deal for the america's pressing problems. it is time for leadership and negotiations for this kind of conversation
it it is a negotiation while the government is shut down. and takes care of the debt limit. >> we are bumping up in six weeks and only temporary if it is a deal. >> that's right. the president indicated that is not a problem. in the news conference, he said if we get a clean bill that would extend the debt limit. at that point he was talking about the debt limit and continuing resolution to fund the government that he would negotiate. the problem is will he accept a half loaf and...
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Oct 8, 2013
10/13
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when the government can control everything. down to whether you can be allowed into the mount vernon parking lot or not. think about when obama is going to control health care. for visiting monuments whether it is in california or washington, d.c. he can control everything there is to do with access. >> we are looking at a picture there. who is this group? >> well, look, i mean they have the unions out there. i heard it was the aflcio and there are a large number of people who want to use this window, what they think is a window of opportunity to get immigration reform passed. i can tell you, i'm agitated by this enough where i would be telling the members of congress that i talked to, make obama pay for this attack on the american people by not bringing it up. >> i had an e-mail efl chaxchanh the national park police why the monument would be open when others are not. they said the u.s. park police are at capacity during the shutdo shutdown? so why are the other ones shut down? >> look, the park service, the park service worke
when the government can control everything. down to whether you can be allowed into the mount vernon parking lot or not. think about when obama is going to control health care. for visiting monuments whether it is in california or washington, d.c. he can control everything there is to do with access. >> we are looking at a picture there. who is this group? >> well, look, i mean they have the unions out there. i heard it was the aflcio and there are a large number of people who want...
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Dec 14, 2013
12/13
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and obama shut down the government. the tea party were the ones sitting there saying this is going to sit here and going to blow up as it s now, saying wait a minute. we need to unite behind obamacare disaster. but that is not what john boehner said. he threw down the gauntlet, and tried to demonize it. that is where they're wrong. i think john boehner if he wanted to unite parties why you would reopen this wound that the democrats wanted him to do? he played right into the hands of democrats and thank you, john boehner. >> no. he didn't. you have to be strategic in this town. you don't have to vote to do what you seek to do. paul ryan is a states person realizing you've got to reach across the aisle. we're going to get everything we want? no. >> we're getting 10% republicans possibly. only good thick thing republicans can claim that they cut government sequester. 90%, democrats 90% happy with this bill. >> go ahead, brad >> it tells me when both parties are ticked off at the accomplishments made, they've probably got a
and obama shut down the government. the tea party were the ones sitting there saying this is going to sit here and going to blow up as it s now, saying wait a minute. we need to unite behind obamacare disaster. but that is not what john boehner said. he threw down the gauntlet, and tried to demonize it. that is where they're wrong. i think john boehner if he wanted to unite parties why you would reopen this wound that the democrats wanted him to do? he played right into the hands of democrats...
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Dec 12, 2013
12/13
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the government doesn't have all the answers to these questions. a lot of times it comes to the neighborhood. >> was the mother in this case complicit for lack of a better term. she was buying guns and taking him to the shooting range. was she part of the problem? >> it's clear from my research nancy loved her son dearly, gave up a large percentage of her life to protect him. but at the same time, she knew he was very sick. and she knew that he was obsessed and fixated on violence. how this mother could simultaneously love him and surround him with these terrible weapons is an answer that i'll never know. i don't think anybody will know. >> the amazing thing is this guy was under treatment. nobody insists that the next step be taken with him? >> this is the thing that shocks me. here's a young man, his room is covered with garbage bags to seal the light from coming in. he cut off people in his life, his father and brother and no longer talks to them. can't touch doorknobs and fixated on violence and surrounds himself with this. he wasn't on medicat
the government doesn't have all the answers to these questions. a lot of times it comes to the neighborhood. >> was the mother in this case complicit for lack of a better term. she was buying guns and taking him to the shooting range. was she part of the problem? >> it's clear from my research nancy loved her son dearly, gave up a large percentage of her life to protect him. but at the same time, she knew he was very sick. and she knew that he was obsessed and fixated on violence....
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Sep 26, 2013
09/13
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use cr shutting the government or debt ceiling. you've got 61% of americans behind you on the debt ceiling where they want the president to engage in negotiations which would end up you with giving spending restraint to the gop or cr continuing resolution where americans are four to one opposed. why would you stake everything j something where americans are hugely against you rather than get something easy on the cr and do the hard stuff, spending cut, pipeline delaying obamacare a year on the debt ceiling where america is behind you? this is application of intelligence. it's not about a commitment to principle or a belief in conservative ideas. >> i questioned mccarthy on that. he didn't get to whether the battle is on cr or debt ceiling. there's a battle somewhere. >> i'm giving free advice. >> i want to play one more sound bite from the president and get your reaction. >> you don't have to take my word for it. if you talked to someone that said i was watching fox news and they said this is horrible. and you can say, you know wha
use cr shutting the government or debt ceiling. you've got 61% of americans behind you on the debt ceiling where they want the president to engage in negotiations which would end up you with giving spending restraint to the gop or cr continuing resolution where americans are four to one opposed. why would you stake everything j something where americans are hugely against you rather than get something easy on the cr and do the hard stuff, spending cut, pipeline delaying obamacare a year on the...
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1.9K
Oct 10, 2013
10/13
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>> i think shutting down the government is a terrible strategy. we need a lot of functions of the government americans are dependant on sending employees out and having them to work and telling them you are going to pay them anyway. that is counter intuitive to me. the american people understand that the government makes a ton of money every year. we continue to raise the debt limit and don't fix the problems. we ought to use the debt limit as a way to crack a coalition to fix the problems. >> you tried to show that yesterday on the floor. you brought out a huge credit card and. >> one like this? >> this one shows the debt that we have as of october. it shows that this expires on 10/13. should we get another one or rip are it up? i think we have enough money to run 84% of the government let's make the over 16% a priority. i guarantee 16% of the government isn't important in terms of the waste, the fraud, the duplication in terms of the pentagon in buying things that they don't need. we are spending money on things that we do not have on things tha
>> i think shutting down the government is a terrible strategy. we need a lot of functions of the government americans are dependant on sending employees out and having them to work and telling them you are going to pay them anyway. that is counter intuitive to me. the american people understand that the government makes a ton of money every year. we continue to raise the debt limit and don't fix the problems. we ought to use the debt limit as a way to crack a coalition to fix the...
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Mar 1, 2015
03/15
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we can do only so much at the government tall level. a great thing would be moderate muslims who oppose jihad and isis, to have them step up and really forcefully make the case against jihadiist ideologying. >> there are people who are saying in the muslim community saying that is not who we are. that is not true islamic religious followings or teachings. they are speaking up. >> two things. number one we have had some individual voices speaking up. but we haven't had a mass movement of moderate muslims speaking up. i'm in washington d.c. we need to see a million muslim march against terrorism on the national mall. that's the kind of speaking up we need. a mass movement against jihad. we've had 9/11. london boston, the rise of isis and we still don't have a mass movement. that's what we need. there's courageous individual voices but we need this to be a massive movement in the muslim world. >> let's hope we can get that happening. thank you so much. we'll be right back. stay tuned. janet? cough if you can hear me. don't even think about
we can do only so much at the government tall level. a great thing would be moderate muslims who oppose jihad and isis, to have them step up and really forcefully make the case against jihadiist ideologying. >> there are people who are saying in the muslim community saying that is not who we are. that is not true islamic religious followings or teachings. they are speaking up. >> two things. number one we have had some individual voices speaking up. but we haven't had a mass...
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Jul 30, 2011
07/11
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government is spending this year. total spending. 3.7 trillion and the cut near term are more like 38 billion dollars. spending 3.7 trillion and looking at near term savings of 38 billion and they wonder why the market is on
government is spending this year. total spending. 3.7 trillion and the cut near term are more like 38 billion dollars. spending 3.7 trillion and looking at near term savings of 38 billion and they wonder why the market is on
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Apr 26, 2014
04/14
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she was not fired, she was moved. >> you never get fired from government. there's just no met trixs tricks for success. they just move you somewhere else. that never happens in tv. >> that happens in the irs. >> this is a deal that you fight and we take care of you, and this is a deal we're letting them down. as a rule i'm against cutting in line, if you are a veteran you've earned a lifetime pass to board first anywhere i and this is a matter it matters most. >> the airline shouldn't pat themselves on their back when they do that. >> this is an opportunity to do our best and show our values. and this is a great opportunity for the obama administration to really show leadership, efficiency, and the urgency for people's lives on the line. >> nobody planned for an increase in veterans coming out of two wars. >> the vet van here is 71 years old. >> president obama did promise in 2009 and 2010 that he was going to take care of this problem there. he's the only person in the cabinet that's performed worst than kathleen sebelius. >> every administration talks abo
she was not fired, she was moved. >> you never get fired from government. there's just no met trixs tricks for success. they just move you somewhere else. that never happens in tv. >> that happens in the irs. >> this is a deal that you fight and we take care of you, and this is a deal we're letting them down. as a rule i'm against cutting in line, if you are a veteran you've earned a lifetime pass to board first anywhere i and this is a matter it matters most. >> the...
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Aug 1, 2011
08/11
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>>guest: controlling one-third of the government. >>neil: and you think s&p 500 will be okay with that? >>guest: they will tell us, this is the best we could get controlling a third of the government. >>neil: if they downgraded it would wipe out the higher interest rate and all the progress that was made. >>guest: and if the democrats were still running the place we would have a down grade because we could not be cutting anything. >>neil: so when all is said and done and the dust settles there is some acrimony from the extreme right saying something about you and the party leaders say about the extreme right, and maybe some of the tea party holding the process hostage and we see the same with nancy pelosi, everyone has to come back together after this in their respective ranks and you cannot speak of the democrats but what about the republicans? >>guest: i'm grateful for the people you are talking about. without them we would not be in control of the house and we with not have a robust minority in the senate and we would not have thi
>>guest: controlling one-third of the government. >>neil: and you think s&p 500 will be okay with that? >>guest: they will tell us, this is the best we could get controlling a third of the government. >>neil: if they downgraded it would wipe out the higher interest rate and all the progress that was made. >>guest: and if the democrats were still running the place we would have a down grade because we could not be cutting anything. >>neil: so when all is...
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Jan 6, 2013
01/13
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government by threatening default and that that's going to harm everybody. he's going to really try to make them to be the villains and i think they have to turn this around and demonstrate to the american people that the spending is just not something that can go on. i mean, you know, there's simple charts you can put up this that show what happened to the numbers. they led the debate in december be all about tax, tarksing peop taxing people who had a lot of money be the right way to solve the problems and they let it be about that. >> paul: we had a presidential election, dan, where spending was on the agenda and the public said, you know what? so what? >> i'm not sure they said that on spending. the only thing he wanted to increase tax rates on the rich and i'm going to take slight issue with mary. i think there's something useful in obstruction over the next two years, the president made it clear he does not intend to do business with this congress, he intends to push his agenda by any means possible and i look back to the 1990's or even the reagan years
government by threatening default and that that's going to harm everybody. he's going to really try to make them to be the villains and i think they have to turn this around and demonstrate to the american people that the spending is just not something that can go on. i mean, you know, there's simple charts you can put up this that show what happened to the numbers. they led the debate in december be all about tax, tarksing peop taxing people who had a lot of money be the right way to solve the...
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Jul 24, 2011
07/11
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this is simply a measure to keep the government open for a while, but it's no real budget. i mean, we've got a long way to go and we're going to be fighting this fight, it seems to me, again and again which is why i think house republicans would be wise to say let's take what we can get on this and go along with our leader, which only word i have for republicans, the thing i think they should be worried about, you pass the short-term, six months or so, bill that keeps the government going and back to spending cuts, and it gets rejected by the senate and/or by the president and we have the shutdown, even though the senate's never passed anything, the president hasn't proposed anything specific that we can see and the house will be the only body that's acted and still it's possible if it's the scenario during the clinton years plays out again, for the republicans to get all the blame. >> chris: i want to go back to this question about the grand bargain. do you think it's possible? and i asked boehner and hard to put humpty dumpty back together again, but both of them, maybe i
this is simply a measure to keep the government open for a while, but it's no real budget. i mean, we've got a long way to go and we're going to be fighting this fight, it seems to me, again and again which is why i think house republicans would be wise to say let's take what we can get on this and go along with our leader, which only word i have for republicans, the thing i think they should be worried about, you pass the short-term, six months or so, bill that keeps the government going and...
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Oct 6, 2013
10/13
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down the government? >> the reality is we are where we are right now, and as a conference, we have never been better than what we saw particularly last friday. the aides in the administration are saying, let it go on. it's the american people ultimately that are losing if we don't reach some sort of agreement, but you have to have democrats willing to have a conversation. >> congressman groves, one final area i want to get into. if congressman baines agrees to open the government without a deal that limits obama care, would you vote to remove him as speaker? >> there is no vote to remove him as speaker. the next vote for speaker is in january 2015. >> you can vote to remove him. you can have a vote on the house floor. >> what we're looking for right now, we want to open up all the government that we can, but we want to provide fairness for the american people, and that is providing them the same protections that the president has provided big business, insurance companies and members of congress. there sh
down the government? >> the reality is we are where we are right now, and as a conference, we have never been better than what we saw particularly last friday. the aides in the administration are saying, let it go on. it's the american people ultimately that are losing if we don't reach some sort of agreement, but you have to have democrats willing to have a conversation. >> congressman groves, one final area i want to get into. if congressman baines agrees to open the government...
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Oct 8, 2013
10/13
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talked about hold egg the government hostarch talked about the government's full faith and credit and how the cost of borrowing would go up and how much trouble our economy could be in as a result of this. but, neil cavuto, what he did not do is offer up anything that the run republic -- runs had been asking for. he didn't say, let's talk about something now. he remind me of nancy pelosi saying we'll get into the details of the bill after we pass it. >> neil: i haste into add not to equate being late on something with disease fault. -- default. >> good morning. it was a pleasant conversation, although i have to say i was disappointed the president refuses to negotiate. when it comes to the issue of funding our government, the house has passed four bills. four bills to fund our government and provide fairness to the american people under obamacare. each bill was rejected by the senate. under the constitution, and our system of government, we asked that they sit down and have a conversation with us about funning the government, keeping it open, and providing fairness to the american peo
talked about hold egg the government hostarch talked about the government's full faith and credit and how the cost of borrowing would go up and how much trouble our economy could be in as a result of this. but, neil cavuto, what he did not do is offer up anything that the run republic -- runs had been asking for. he didn't say, let's talk about something now. he remind me of nancy pelosi saying we'll get into the details of the bill after we pass it. >> neil: i haste into add not to...
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Oct 5, 2013
10/13
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so, bob, big government. >> what the heck does that have to do with the closing of the government? >> because if you look at the polls you were hoping republicans would be blamed for this thing. they're not across the board. >> why don't you look at the poll that asks the question specifically? >> show me one. >> there are an overwhelming number of polls. >> if i'm not mistaken, this number's -- >> that's right, they blame both. >> 46% believe it's the republicans. 46% believe it's the democrats. >> show me a poll that overwhelmingly blames republicans for all of this. i'm not talking about a couple of points -- >> "the washington post" poll over the weekend, right up until monday, it was a good nine points. >> monday, that's a whole different world. monday was right before the shutdown. friday, after four the shutdown, i think there could have been a shift. >> we'll have to see what the polls say on sunday. >> we picked it up with the fox poll. >> i'm looking at the poll today with president obama down to 41%. >> these are apples and oranges. he's down 41% -- >> i think that it's
so, bob, big government. >> what the heck does that have to do with the closing of the government? >> because if you look at the polls you were hoping republicans would be blamed for this thing. they're not across the board. >> why don't you look at the poll that asks the question specifically? >> show me one. >> there are an overwhelming number of polls. >> if i'm not mistaken, this number's -- >> that's right, they blame both. >> 46% believe...
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Sep 15, 2013
09/13
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go government is paying its bills as a lever to radically cut the government at the kind of scale they're talking about. it's never happened before. >> the president said today he will not negotiate on the debt ceiling, uma? >> well, at this point, do you see any sign of a compromise on the gop side? >> no, even as house speaker john boehner said, he's trying to find ways to avoid a government shutdown. some conservative republicans appear determined to stand their ground. >> the president is the individual who's talking about shutting down the government. the democrats in the house and the senate are the individuals talking about shutting down the government. we want to fund the government and protect the american people from a destructive law as it relates to health care. >> a house effort to defuse that crisis was derailed earlier this month because it lacked conservative gop support. >> the drama continues. steve, thank you so much. >>> new concerns being raised with the united states and russia securing now an agreement on securing syria's chemical weapons. how does this impact u.s.
go government is paying its bills as a lever to radically cut the government at the kind of scale they're talking about. it's never happened before. >> the president said today he will not negotiate on the debt ceiling, uma? >> well, at this point, do you see any sign of a compromise on the gop side? >> no, even as house speaker john boehner said, he's trying to find ways to avoid a government shutdown. some conservative republicans appear determined to stand their ground....
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Dec 12, 2013
12/13
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the report did not determine whether the government were responsible. the reports of the free syrian army has forced to three. the news suggests the conflict takes another dark turn for the worse. quote, the catastrophe is a direct result of the absence of american leadership. unfortunately the administration has no realistic policy to address it." >>> the man accused of faking the sign language at the mandela memorial said he had hallucinations of angels entering the stadium. the man says he has schizophrenia and has been violent in the past. he's asking for forgiveness. >>> this is a fox news alert. the house now has enough votes to pass the bipart san agreement. you can see the 300. magic number was 217. it's not completed until the gavel goes down. conservatives and liberals oppose the deal which now goes to the senate. clearly they have many more votes than they needed to get passed. it will pass the >>> the government says one out of four americans 16 and older was a target of identity theft last year. the report says the crime affected $1affec af
the report did not determine whether the government were responsible. the reports of the free syrian army has forced to three. the news suggests the conflict takes another dark turn for the worse. quote, the catastrophe is a direct result of the absence of american leadership. unfortunately the administration has no realistic policy to address it." >>> the man accused of faking the sign language at the mandela memorial said he had hallucinations of angels entering the stadium. the...
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Feb 4, 2015
02/15
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like the government can't tell you what do to with your kids. instead of saying rationally parents should be vaccinating >> he is the one who said morons, get off the road there is a hurricane. get your kids income taxvaccinated. >> we have to worry about whooping cough and logic as well. >>> dozen of republicans are skipping the israeli president's visit and speak to congress next month. and the 5.6 unemployment rate sounds great and celebrated by the white house and wall street but a gallop poller says that number is a big fat lie. what we are not being told coming up. ing else. it's works, simple as that. it's a natural source of fiber and five essential vitamins. try sunsweet amazin prune juice. also available in light. jack's heart attack didn't come with a warning. today, his doctor has him on a bayer aspirin regimen to help reduce the risk of another one. if you've had a heart attack be sure to talk to your doctor before your begin an aspirin regimen. >>> you are watching "outnumbered" and we are glad you are. when the israeli prime minis
like the government can't tell you what do to with your kids. instead of saying rationally parents should be vaccinating >> he is the one who said morons, get off the road there is a hurricane. get your kids income taxvaccinated. >> we have to worry about whooping cough and logic as well. >>> dozen of republicans are skipping the israeli president's visit and speak to congress next month. and the 5.6 unemployment rate sounds great and celebrated by the white house and wall...
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Sep 8, 2011
09/11
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president, get the government out of the way. reduce the regulations and mr. president, cut the taxes. have a nice day. >> you said earlier today their tone was going to be more conciliatory and that's what they did with boehner's comments. >> yeah. it says we're going to talk, right, and we hope he comes halfway to us and we'll come halfway to them. it may not have been much more than that -- more than boehner or someone would have said. but if it is as you describe, you have to take -- >> shep: it is how i described. >> you have to take your hat off -- >> shep: i can't say why they did it, but i can give you the facts and those were the facts. >> yeah, you would have -- in the great stage crafting of washington, that the choreography of these things are really important. and you would have to kind of tip your hat however cynically to kind of how this was played out. >> shep: i can tell you this, it's very clear that there is a numbers game going on here. the congress' approval rating are at 10%. the president's approval rating is at about 40, a little below,
president, get the government out of the way. reduce the regulations and mr. president, cut the taxes. have a nice day. >> you said earlier today their tone was going to be more conciliatory and that's what they did with boehner's comments. >> yeah. it says we're going to talk, right, and we hope he comes halfway to us and we'll come halfway to them. it may not have been much more than that -- more than boehner or someone would have said. but if it is as you describe, you have to...
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Jan 5, 2013
01/13
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so government regulates. over the years as more regulations and america we now have 170,000 pages of rules. people think we can't live without these, but then came the internet. almost entirely unregulated, and it works. it is given us a new level of freedom. let's call it freedom -- "freedom 2.0". i could not have imagined it before coble, would compete. i assume the services like those could not work. what a joke. who would buy an unseen product from a total stranger without government regulation, it would make sure that the sellers are honest and a product for the.
so government regulates. over the years as more regulations and america we now have 170,000 pages of rules. people think we can't live without these, but then came the internet. almost entirely unregulated, and it works. it is given us a new level of freedom. let's call it freedom -- "freedom 2.0". i could not have imagined it before coble, would compete. i assume the services like those could not work. what a joke. who would buy an unseen product from a total stranger without...
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Jul 17, 2011
07/11
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telling companies to stop whining about government and start hiring. why didn't we think of that? [ female announcer ] love that freshly colored look? now you don't have to wait six weeks to get it. natural instincts now comes with a new color refresher. just color, then give it a boost two weeks in and get a freshly colored look once again. natural instincts. it's all good. ♪ i like youmessy hair ♪ i like the clothes you wear ♪ i like the way you sing ♪ and when you dance with me ♪ you always make me smile [ male announcer ] we believe you're at your best when you can relax and be yourself. and at thousands of newly refreshed holiday inn hotels, you always can. holiday inn. stay you. and now stay rewarded with vacation pay. stay two weekend nights and get a $75 prepaid card. and now stay rewarded with vacation pay. i got an egg a candy necklace an orange a band-aid a stamp helium i got a mustache [pop] lipstick >> coming off last month's grim unemployment numbers, business and government leaders are hoping to jump start the economy in the second half of the year and gen
telling companies to stop whining about government and start hiring. why didn't we think of that? [ female announcer ] love that freshly colored look? now you don't have to wait six weeks to get it. natural instincts now comes with a new color refresher. just color, then give it a boost two weeks in and get a freshly colored look once again. natural instincts. it's all good. ♪ i like youmessy hair ♪ i like the clothes you wear ♪ i like the way you sing ♪ and when you dance with me ♪...
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Oct 2, 2013
10/13
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is shutting down the government except the president. >> stop trying to force the government shutdown. >> it is time for the senate to listen to the american people. this republican shutdown did not have to happen. and i want every american to understand why it did happen. >> that is what this fight is all about. i talked to the president earlier tonight. i'm not going to negotiate. >> the proof is washington house republicans, because they have lost their minds. >> clearly, the senate has demonstrated that it is not willing to engage in the legislative process. >> this is their way of saying we are going to have a new order here. >> they have shut down the government over an ideological crusade to deny the affordable care act for millions of americans, in other words, they are doing a ransom. >> it is not about me, or the republicans in congress. it is about fairness for the american people. >>> and welcome back to "hannity," it is day one of the obama shutdown, and at this point there appears to be no end in sight. democrats refusing to negotiate with anyone, so tonight, we have a l
is shutting down the government except the president. >> stop trying to force the government shutdown. >> it is time for the senate to listen to the american people. this republican shutdown did not have to happen. and i want every american to understand why it did happen. >> that is what this fight is all about. i talked to the president earlier tonight. i'm not going to negotiate. >> the proof is washington house republicans, because they have lost their minds....
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May 9, 2014
05/14
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people killed after fighting between pro government forces and russian mill lants in the eastern part of the country. a police station was set on fire and an officer is believed to be one of victims in all of this. russian president vladimar putin visits crimea and speaking to a huge crowd, his visit condemned by nato and ukraine and u.s. state department calling it unnecessary and provekative. this comes after a woke week vote by separatist in two oastern ukranian. putin said he is pulling the troops away from the border, but the u.s. and nato desput his claim. >> house spoker john boehner announce the six republicans who will investigate benghazi. we'll look at who the speaker chose and chose to overlook. plus, is facebook forever? why the social media giant is in the middle of a controversy of a u.s. marine that took his own life. is facebook obligated to remove pictures and postings of people after they die? go to fox news.com and click on america's asking link. you can join in our discussion. mayo? corn dogs? you are so outta here! aah! [ female announcer ] the complete balanced
people killed after fighting between pro government forces and russian mill lants in the eastern part of the country. a police station was set on fire and an officer is believed to be one of victims in all of this. russian president vladimar putin visits crimea and speaking to a huge crowd, his visit condemned by nato and ukraine and u.s. state department calling it unnecessary and provekative. this comes after a woke week vote by separatist in two oastern ukranian. putin said he is pulling the...
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Feb 12, 2014
02/14
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republicans have to focus on governing from the congress. in order to be effective we have to stop the president and his policies that are harming americans. we will not do that if we don't win more seats in the senate and lock it up and fight and take the majority and fight against the president. we'll take more seats in the house. i think that is safe. and i am swallowing even my own notes because it is disappointing that our federal government and this congress and presidency have not changed their bad spending habits that have taken us to 17 trillion in current federal debt. we are literally running ourselves in the fiscal ground. we are over the cliff, folks and headed for the ground here. but we have to win in november and i am swallowing the political strategy. >> and christen, i heard you on special report last night say that you are sick and tired of having to defend obama care. now you have had a good night's sleep are you feeling the same way. >> i was not lashing out. but it is getting harder and hearder to defend. it it was some
republicans have to focus on governing from the congress. in order to be effective we have to stop the president and his policies that are harming americans. we will not do that if we don't win more seats in the senate and lock it up and fight and take the majority and fight against the president. we'll take more seats in the house. i think that is safe. and i am swallowing even my own notes because it is disappointing that our federal government and this congress and presidency have not...
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Feb 8, 2014
02/14
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exactly, to the government government shutdown and the republicans' drop in the polls. a lot of people think if they avoided that and let the health care law dominate the news, they would never have suffered that which they recovered from. why bring about a similar dynamic as now we are even closer to the election where you are going to have probably an inner war on capitol hill at least with lawmakers over moving forward. you listen to talk radio people in the bay state, the tea party folks. i think boehner wants to steer clear of that mess. knowing that they can address it later and perhaps under much better circumstances is if in 2015 they are in the majority in the senate. >> the other thing i was looking at a couple of hours ago at the fox news polling data, latest of what came up. when you ask americans what are their priority force the government, what they want them to do on their behalf, immigration reform is at or near the bottom. the top is jobs and the economy and the deficit and the debt and so forth. immigration reform is no really a priority among most am
exactly, to the government government shutdown and the republicans' drop in the polls. a lot of people think if they avoided that and let the health care law dominate the news, they would never have suffered that which they recovered from. why bring about a similar dynamic as now we are even closer to the election where you are going to have probably an inner war on capitol hill at least with lawmakers over moving forward. you listen to talk radio people in the bay state, the tea party folks. i...
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Sep 21, 2013
09/13
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week on "the journal," house republicans decide that defunding obama care is the price of keeping the government open, setting the stage for a showdown in the senate. is it a smart strategy for the gop? >>> plus, a newly uncovered list of targeted groups shows how and why the irs singled them out for scrutiny. >>> and two years after scott walker's reforms, a look at what's happened to wisconsin's unions now that public workers have a choice. >>> welcome to "the journal" editorial report, i'm paul gigot. house republicans decided this week to strip funding for obama care from a stopgap spending bill that would keep the government running past september 30th, setting the stage for a showdown in the senate next week as a shutdown looms. some in his own party have called the move political suicide. but house speaker john boehner had this message for his critics and his senate colleagues. >> obama care's driving up the cost of health care, it's destroying millions of american jobs, it is a train wreck. it'll have to go. we've done everything humanly possible over the last 2 1/2 years to make our poi
week on "the journal," house republicans decide that defunding obama care is the price of keeping the government open, setting the stage for a showdown in the senate. is it a smart strategy for the gop? >>> plus, a newly uncovered list of targeted groups shows how and why the irs singled them out for scrutiny. >>> and two years after scott walker's reforms, a look at what's happened to wisconsin's unions now that public workers have a choice. >>> welcome to...
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Aug 18, 2012
08/12
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sell it and take out and the government will not own it. >> bailouts never work. wall street was able to pay it back because the feds kept interest rates zero. >> julian what do you think? >> treasury department said taxpayers will make money on the tarp bailout and some on autobut lose 25 percent. if we let them go under we could have lost a million jobs. >> they were never going under. >> managed bankruptcy would not have worked. >> it is what it is. we got to come up with more mon yethat is easier said than done . so charles, the issue is now how long would it take to recoup it? >> i am worried they are going to reshuffle management and something is wrong with general motors. people are not buying their cars it is in trouble. and you know, we are going to have to bail them out again. >> i like gm and buy their cars and i don't want the government owning it. not even a quarter television. get out of it >> gary, is it an assumption it will be done and under water or is that the reality? >> it is a reality. we are losing money on so many things and it is just a fo
sell it and take out and the government will not own it. >> bailouts never work. wall street was able to pay it back because the feds kept interest rates zero. >> julian what do you think? >> treasury department said taxpayers will make money on the tarp bailout and some on autobut lose 25 percent. if we let them go under we could have lost a million jobs. >> they were never going under. >> managed bankruptcy would not have worked. >> it is what it is. we got...
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Jul 26, 2011
07/11
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government waste would be popular? government overpayment would be popular no matter what party you're in. >> they have advocates for it. you get down to details people don't want to make a tough vote because they'll lose someone's support. we ought to not care and ought to do what is best for the country. that is what is not happening. people are protecting their political position rather than do what is in the best interest of the country. >> greta: you're saying they're selfish? >> very no doubt most politicians are self centered, otherwise they won't be here. it's about them. >> is this inevidentable? or is there a way to get people to sort of face the hard issues to talk and also, republicans as well? i mean how do we move politicians to that other position? >> balanced budget amendment. politicians in state houses are self yirn, too but have one fence they're inside of. they can't get out of the fence. the fence is here is the balanced budget requirement. all states but one have that when it comes down to final s
government waste would be popular? government overpayment would be popular no matter what party you're in. >> they have advocates for it. you get down to details people don't want to make a tough vote because they'll lose someone's support. we ought to not care and ought to do what is best for the country. that is what is not happening. people are protecting their political position rather than do what is in the best interest of the country. >> greta: you're saying they're selfish?...
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Sep 28, 2015
09/15
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does that mean you're against a government shutdown? >> i'm against a government shutdown. that's not how democracy works. i think it's abhorrent that 330,000 abortions take place through these clients. but that's the problem in washington right now, it's so dysfunctional that that's considered a victory. cost the taxpayers more. >> in your 2013 book on immigration, you say that an enforce the border first policy is self-defeating. is that still your position? >> i think you can do both. but the first step is to prove that the border is secure. you can have a conversation on reform while you're doing your job. this president hasn't done that. >> finally, you're coming out with a new energy plan this next week. how about a headline? >> i think we need to be all-in on energy. create a north american plan. it's more difficult to do with natural gas, and change the leasing on federal waters, there's a lot to do to create high growth for our economy, lower utility prices, i'm totally in on this. and i think the american people are as well. >> governor, thank you, and let's conti
does that mean you're against a government shutdown? >> i'm against a government shutdown. that's not how democracy works. i think it's abhorrent that 330,000 abortions take place through these clients. but that's the problem in washington right now, it's so dysfunctional that that's considered a victory. cost the taxpayers more. >> in your 2013 book on immigration, you say that an enforce the border first policy is self-defeating. is that still your position? >> i think you...
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Jul 27, 2011
07/11
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FOXNEWSW
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the only way you're going to really change the structure of government, have limited government is if you control the presidency and the congress. that can only happen in november. if you go over a cliff now with the president, and you get the blame as a republican, all of that is out the window and you're forfeiting a chance of actually changing america next year. >> bret: susan, a couple more things, chad is hearing from a good source that zero democrats have signed on to the current proposals, up there, and secondly, that the boehner folks are very worried about putting a bill on the floor tomorrow and having it fail during a market session. we saw that with tarp. when it affected the market and that they would be fearful of having the bill on the floor and then yanking it off during a market session, concerns, again, about what happened with the tarp bill. >> it's a safe move for the republicans right now. they don't have the votes for it. they should not put a bill on the floor that's going to fail or pull before the votes happen. that would be disastrous. the tarp situation wher
the only way you're going to really change the structure of government, have limited government is if you control the presidency and the congress. that can only happen in november. if you go over a cliff now with the president, and you get the blame as a republican, all of that is out the window and you're forfeiting a chance of actually changing america next year. >> bret: susan, a couple more things, chad is hearing from a good source that zero democrats have signed on to the current...
215
215
Sep 22, 2013
09/13
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d you would be if the democrats shut the government down and didn't pay the soldierses? what would we on the right say? we would be going crazy you. ask the young people to risk their lives and you're not paying them. >> going to lose anyway. >> ted cruz said it on wednesday. >> why is he doing? >> why pursue a strategy -- >> because he is -- >> running for president. >> back in 2012, let's imagine a world in which we win by being stupid and this is what they're doing. >> you guys wanted to put a quote from -- >> my quote. >> put it inon the screen. napoleon bone part. never interfere with an enemy well while he is in the process of destroying -- . >> that's the obama strategy. >> right. the obama administration has only one strategy. demonized the republican party. it came to its head monday after the tragedy at the navy yard when the president went forward with his speech, saying the republicans were going to cause chaos. >> and if there was a grownup in the house they would have told him, don't do this, mr. president. >> the president out there playing. they have shri
d you would be if the democrats shut the government down and didn't pay the soldierses? what would we on the right say? we would be going crazy you. ask the young people to risk their lives and you're not paying them. >> going to lose anyway. >> ted cruz said it on wednesday. >> why is he doing? >> why pursue a strategy -- >> because he is -- >> running for president. >> back in 2012, let's imagine a world in which we win by being stupid and this is...
166
166
Oct 1, 2013
10/13
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>> greta: just seconds our government will shut down. bret baier taking over our live coverage another hour, don't go away. stay with bret. >> this is a fox news alert in washington it's midnight here in the political nation's capital. old fiscal year has ended and a new one has begun gun without funding for much of the government. the office of management and budget directed agencies to execute their shut down procedures and orderly should down therk said. the game of political chicken between house republicans on one side and democrats on another and the president has gone into overtime. you're looking live at senator harry reid. let's dip in and listen to the senator right now as he speaks about the shut down. >> to issue a shut down statement and she's done that. here he is. head of departments and agencies. this mem rand yum falls september 17th memo providing an update on potential lapse of appropriations no more phone shall after midnight. appropriations to consolidate further continuation act expire at 11:59 tonight. enforcing we
>> greta: just seconds our government will shut down. bret baier taking over our live coverage another hour, don't go away. stay with bret. >> this is a fox news alert in washington it's midnight here in the political nation's capital. old fiscal year has ended and a new one has begun gun without funding for much of the government. the office of management and budget directed agencies to execute their shut down procedures and orderly should down therk said. the game of political...
149
149
Oct 15, 2013
10/13
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the bond market, yields are spiking on short-term government debt. this is usually the safe toast buy. not so much. fidelity, citigroup, jp morgan, executives saying they have sold off all their short-term debt, specifically debt that matures over the next month or so, before october 31st, for the most part, because of a fear of a possible government default. that being said, i want to point out the fact that the stock market is still holding on gain from when the government first shut down. in fact the s&p 500, gauges the stock market, still posting a 1.4% gain from the first day the government shut down. so we are still holding on to the gains, and, as one trader was exiting the floor i asked him, what does it mean for the markets if we actually see this small chance that the government default? he said it would be a calamity and we could see 500-point selloff in the dow in a single day if that happened. possibly an 800-point selloff over self days. so traders are starting to think this could be a possibility. we would wait on the ratings firms to
the bond market, yields are spiking on short-term government debt. this is usually the safe toast buy. not so much. fidelity, citigroup, jp morgan, executives saying they have sold off all their short-term debt, specifically debt that matures over the next month or so, before october 31st, for the most part, because of a fear of a possible government default. that being said, i want to point out the fact that the stock market is still holding on gain from when the government first shut down. in...